₦airaland Forum

umozez: @pipmaster please send it to me. Investorikhilor@gmail.com. Tanx in advance

What do you want me to send to you bros?

eldav: Please i need an answer,i'm just asking for the average amount of money one can make in this business.

Please

The good thing about trading is that you can set your target, I mean you can decide how much you want to be making every day, week & month only if you are prepare to give it what it takes and what it will cost you.

Trading is an ART and it takes time to be mastered. Learn the art first and the desired money will come.

Lawfex: Yes sir. wat abt d spreadsheet.

@ Lawfex, kupsonrex and arthuryem: find the excel sheet in the attached file. How you can work out your on risk depend on you style of trading. I do not go for every move and I always sure of my setup before hitting the button even though there is no 100% guaranty in trading but there is an edge and I know how to use mind. I do risk 5% of my account on a trade but will never risk more than 10%, I know some people here has already typing their attacking word. Risk is risk be it big or small, use the one that suit you instead of attacking post. I have been in this game for awhile to know what sure me or not and I am only try to help new traders if I am to sell system I wouldn't be here posting.

@ Lawfex .. How do we indicate interest sir, anyway go ahead n show me (n other interested folks). tanx

You need to perfect your own strategy first because that's the hardest part of trading and nobody can do it for you.

My chart is always clean because I do not pick trade on time frame I love trading raw price action and scalp in and out of the market and that's why I am using Renko Live Chart (Offline chart)

I want to reveal how I overcame my trading crisis in the early days may be it will help those traders here who are still fighting for survival in the market because I see a lot of traders asking for strategy and indicators. I do seek for new things in this business too but almost of the so call new things are not new they are just of old. The best strategy and indicator is YOU and I love listening to traders who I perceived they are doing well than me but not because I not doing well but to learn one or two things.

I used this same style of trading in August 2008 to turn $1200 into $6k in just one month.

I trade only one pair in multiple time frame (15, 30, 60, 240, 1day). I will check long time frame and pick my entry on 15 or 30min chart.

I have a target of 50pips per week and I use leverage of 20:1 to trade while my broker leverage remain 400:1. It is easy to achieve 50pips in a week and this will reduce a lot of stress from you trying to make 1000pips in a month. There is no week I have not met my target even beyond. New traders let me tell you if you are not successful trading only one pair you can not be successful trading two or three. When you mastered price action risk and reward ratio will not mean much to you.

The amount of pips you made in a month does not matter to you or to you broker but the value of the pips. One trader can be making 1000pips per week and another 100pips but still be successful that the other guy.

Let's say you have $500 in your trading account, going by my style you should be trading 20:1 (0.1) mini lot and 50pips will give you 10% of your account in a week and in a month 40-50% and by the end of 12months you should have $55k plus in your account assuming you will not withdraw any fund.

You can start at low leverage of 10:1 to increase your confidence and later move to 20:1 but do not ask your broker to reduce you account leverage ooo so that you can withstand pressure from the market.

If I see who is interested I may post the excel sheet to show you how you can easily grow your account without stress.

odiaero: Are we there yet?

Not yet boss more land to conquered

odiaero: Abeg wich wan be the rain o lol

I like using rain instead of falling as you have predicted. My trend indicator is still pointing down but I am out now on EU with 50pips, I will wait and see if it will move up a little beat so that I can short it again.

One big fact about EU is that it will continue falling until it reaches 1.29. There is no solution to EURO crisis, all there solutions are just to make investors feel good for awhile. There is a lot of problem in that zone and once the down is down, GU must follow. USD is under valued and take it or leave it before end of August this year EU will touch 1.29 if not lower.

This is just my view o

odiaero: I wonder if both of you are programmed to trade Bull only, even when u can see that the trend is turning to Bear side, hope u guys have stops to protect u, riding Gold down, unless news says another

The rain has started again o

pipmaster77: @ Odiaero, I am happy too o. I have close my sell EURUSD but my gold still with stoploss

Oga Odiaero, I think I will be paying more attention to you call now while I still maintain my own strategy. The gold has really golden for me.

Cheers.

odiaero: Now am happy GU

@ Odiaero, I am happy too o. I have close my sell EURUSD but my gold still with stoploss

McNelson: Plz guyz......... need some help o.. Fxpro has ruined me again... Need a better strategy for trading. I will welcome any advice or help. Thanks

You have to work on your MM, without solid MM even the best strategy or signal out there will not solve your problem.

odiaero: Sell Gold if you have the balls to use 200pips stops like me

Oga Odiaero what TP will be like?

Guy it doesn't work like that always. See my chart